“Nonprofits that receive tax breaks should be completely free from malign foreign influence. Organizations influenced by adversarial foreign nationals should not benefit from our tax code,” said Senator Cotton.
Text of the bill can be found here.
The Nonprofit Governance Integrity Act would:
- Prohibit any 501(c)(3), 501(c)(4), or 501(c)(6) nonprofit organization from receiving tax exempt status if any member of the board of directors, or a similar governing body, is a citizen or national of a nation listed as a Foreign Entity of Concern (FEOC).
- This rule would not apply to churches or a convention or association of churches.